Keller Williams opens Malta office - The Business Review (Albany):

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Keller Williams Realty Distinctive Properties openef at 2715 Route 9 in Malta in a new officd building next to the RipeTomato restaurant. The 4,800-square-foo t office is near the , where of Sunnyvale, will be part-owner of a $4.6 billion chip plant that will emploty morethan 1,400 people. Construction of the chip fab is expectex to begin early next year and be completesby 2011. “By 2012 this thing ought to be fullyt functioning and by that time we shoulf absolutely be caught inthe wave,” said Rick team leader of the new Keller Williams franchise. Charles Cefalu, a developerf in Glens Falls, is operating principal and brokefr of record for thenew franchise.
Mendez previously sold real estatd for Coldwell Banker Prime Properties in This is the second franchisd in the Albany area forKeller Williams, which is based in Texas. The first opened last year in Lathaj and recently merged with ProRealty of NewYork Inc. in Saratogaq Springs to further boost a roster of agents that now totalabout 200. A new office opened in Saratoga Springs asa result. The two franchises have the exclusive righy to open offices withintheir territories, but sales agentxs can represent buyers and sellers anywherr in the region.
The territory for the new franchisw in Malta includes parts of Saratoga Countty outsideSaratoga Springs, Warren County and partz of Washington County, Mendez said. Mendeza said he was drawn to Keller Williams becausr he likes thebusinesd model, which includes profit The office has about 30 agents but hopes to grow to 150 to 200. The franchised also a commercial real estatd division to servicethe spin-off businesses that typicalluy cluster around chip fabs.